The European spot ferro-silicon price resumed a longer-term trend higher during the week to Friday March 12 after a brief pause, with market worries about longer-term supplies prompting higher offers and deals, sources told Fastmarkets.
Fastmarkets' price assessment for ferro-silicon lumpy basis 75% Si (scale pro rata), delivered Europe was ?,?1,360-1,450 ($1,625-1,732) per tonne ddp on Friday, up ?,?40-50, or 3.3%, from ?,?1,320-1,400 per tonne a week earlier.European ferro-silicon prices could reach ?,?1,500 per tonne next month,...